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Refer to the graphs. Stanville has a comparative advantage in producing
Entire Industry
The collective firms and activities involved in the production, distribution, and sale of goods and services in a particular sector of the economy.
Peter Drucker
A prominent Austrian-American management consultant, educator, and author, considered the father of modern management theories.
Basic Functions
The fundamental roles or activities that are necessary for a system, organization, or process to operate effectively.
Innovation
The process of creating new ideas, products, or methods that bring about significant improvements or changes.
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